IDFC FIRST Bank: Quarterly Income and Business Overview
Section 4: Together, the Consumer and SME business has a rich history of 10 years with
stable growth and high Asset quality.
•
.
All amounts are in Rs. crore unless specified
Capital First was focused on growing the home loans, business loans, Consumer Loans, car loans and loan against property. The retail loan
book of erstwhile Capital First grew at CAGR of 35% between FY13 to FY18 to reach Rs. 29,625 crore.
During this time, asset quality was high with GNPA maintained at 2% and Net NPA maintained at 1%.
•
Erstwhile IDFC Bank started its retail loan book in
2016, primarily focused on prime home loans
and rural micro finance.
Taken together, the bank has strong capabilities
in these businesses.
We are confident that we can sustain the
growth of this business at ~ 25% over the next
many years.
GROWTH CONTINUES POST
MERGER OF THESE BUSINESSES
ON BANK PLATFORM
Y-o-Y growth of 26%^
73,673
57,310 56,043
59,860
53,685
PRE MERGER HISTORY
CAPITAL FIRST+IDFC BANK
39,233
40,812
36,236
32,281
IDFC FIRST Bank
Erstwhile IDFC Bank
Erstwhile CFL
20,634
13,876
10,113
7,883
5,560
3,460
94
771
66,665
Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Sep-18 Dec-18 Mar-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21
^ Excluding ECLGS portfolio of Rs. 1,687 crore as of March 31, 2021
Section 4: Assets Update
32
IDFC FIRST
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